How to Reduce Fees on Bybit — Code BYBIT313 and Beyond
Fees look small per trade and add up to a lot per year. Here is how to cut them on Bybit.
Trading fees look trivial per trade and add up to a serious annual cost. On Bybit the base rate is 0.055% taker and 0.02% maker. Here is how to pay less than that.
1. Use the referral discount
The simplest reduction available is code BYBIT313, which applies a 20% discount to your fee rate. It takes effect on registration and does not expire.
- Open the Bybit referral link
- Sign up with email
- Code BYBIT313 fills in automatically
2. Trade as a maker, not a taker
The single biggest lever is order type. A market order takes liquidity and pays 0.055%. A limit order that rests in the book adds liquidity and pays 0.02%.
On Bybit that difference is roughly 64% of your fee cost on every trade where it applies. Over a year of active trading it is the largest saving available to a retail user.
The trade-off is real: a limit order may not fill, and you may miss a fast move. For anything you are not in a hurry to execute, it is worth it.
3. Understand the volume tiers
Exchanges lower fees as 30-day volume rises. The tiers are published and the jumps between them can be significant. If you are close to a threshold, consolidating your trading on Bybit rather than spreading it across three venues can drop you into a cheaper band.
4. Watch withdrawal costs
Trading fees are visible; withdrawal fees are where exchanges quietly recover margin. The cost varies enormously by asset and network — withdrawing the same value on a different chain can cost ten times less.
Check the withdrawal fee before you move funds, and prefer cheap networks when the destination supports them.
5. Do not overtrade
The most effective fee reduction is fewer trades. Every round trip costs you twice — once entering, once exiting. Strategies that trade constantly have to overcome that drag before they make a cent of profit.
The realistic total
Apply BYBIT313, default to limit orders, consolidate volume, and check withdrawal networks. Together those typically cut effective costs by well over a third compared to a market-order habit at the base rate.
Bybit at a glance
BYBIT313Frequently asked
How much is the Bybit referral bonus?
Up to $30,000 in staged rewards, depending on your deposit and trading volume.
Why choose Bybit over Binance?
Bybit's futures fees are lower and its derivatives interface is cleaner, which matters if you trade perps rather than spot.
Is Bybit safe for larger balances?
Bybit publishes proof of reserves and has not suffered a major user-fund loss since 2018.
Does Bybit have copy trading?
Yes, for both spot and futures.